World-Class Technologies for Sustainable Petroleum Development

The Norwegian oil and gas industry has in recent years been awarded an increasing number of major contracts internationally, and the industry's ambition is to continue to develop its business outside of the domestic market.

gulbrandw200x307.jpg (42147 bytes)INTSOK, the joint industry and government oil and gas foundation, has identified major opportunities in eight main markets where the Norwegian industry's capabilities and experience have proven competitive. These markets include Angola, Nigeria, Brazil, Iran, China, Russia, the United Kingdom and the US Gulf of Mexico. In addition, seven other markets have been identified as priority markets. Local oil and gas advisors have been recruited in the main markets to support the companies' efforts and market strategies, and to facilitate the exchange of experience between Norway and the respective countries.

 

In cooperation with the industry, INTSOK has identified 16 different supply clusters covering the entire value chain of oil and gas production where Norwegian companies are competitive internationally. All of these clusters include companies with world-class technologies contributing to the overall goal of "Sustainable Petroleum Development".

 

The Norwegian oil and gas industry is recognized for its environmental achievements, working towards the ambition of zero emissions to water and air. The new Norwegian government will, during the course of 2005, place a greater emphasis on technologies for handling CO2 emissions. The strong focus on health, safety and environment for employees is also increasing and continues to be the most critical issue for the industry's reputation.

 

The oil and gas industry is committed to compliance with the expectations of the Norwegian government as far as business ethics are concerned, and will continue to promote human rights and follow the principles of Corporate Social Responsibility at the company level. The Board of INTSOK will recommend a Code of Conduct for anti-corruption measures for member companies by the end of 2005.

 

The Norwegian Ministry of Foreign Affairs and the Ministry of Petroleum and Energy have launched a "Petroleum for Development" programme in 2005, in which Norway is prepared to transfer its 30 years' of experience in sustainable petroleum development to relevant countries in the developing world. INTSOK is prepared to contribute with capacity building and business-to-business cooperation between companies within the framework of this programme.

 

Petroleum education, building on Master's programmes and courses at Norwegian universities in Stavanger, Bergen, Trondheim and Oslo, is offered to international students in Norway and will in the future be transferred to universities in cooperating programmes. Complementary training programmes are also offered internationally by the Norwegian aid agency Petrad.

 

Gulbrand Wangen
Managing Director, INTSOK
(Norwegian Oil & Gas Partners)

 

Related articles

Latest articles

Ship Energy Efficiency: The Fourth Wave

Shipping has seen three waves of energy efficiency trends since 2007. The latest buzz is the Big Data revolution.

Sustainable Fish Farming Solutions: From Feed to Egg

The challenge of rising fish feed and sea lice costs is stimulating new sustainable technology solutions in Norwegian aquaculture. In the future, producers might raise salmon in egg-shaped offshore farms.

Standardization Key During Low Oil Price

The Norwegian petroleum industry is focusing on standardized solutions, inspired by Formula One and Lego, to help tackle rising field development costs.

Blue Growth for a Green Future

The Norwegian government recently launched its new maritime strategy “Blue Growth for a Green Future” aimed at keeping the country’s second largest export industry competitive and sustainable.

New Development Licenses Spur Ocean Farming

Norway has initiated free development licenses to spur new technology concepts to tackle the aquaculture industry’s acreage and environmental challenges. Many of the applicants are innovative ocean farms.

Bucking the trend: Norwegian Shelf Still Attractive

The Norwegian Continental Shelf continues to be attractive even amidst the low oil price environment. Statoil’s giant Johan Sverdrup oil field development is just the latest example.

British Showing Great Interest in “Frozen at sea”

The British are the world’s largest consumers of cod. 70 percent is used in the “fish and chips” market. Lately several Norwegian owners of trawlers have discovered the British market for the “frozen at sea” concept.

The many reasons to choose Norwegian seafood

There is an ongoing debate regarding the pros and cons of eating wild or farmed fish, or, in fact, eating seafood at all. In this article we look at the arguments for and against wild and farmed fish. Seafood is not just a...

New Ways to Enhance Oil Recovery

Norwegian companies are testing more advanced ways to enhance oil recovery, everything from converting shuttle tankers to stimulate wells and springing titanium needs inside liner holes to open up tight formations.